If you are transparent about your company's financial situation, when raises are considered, and your limitations, your employee looking for a raise will be more willing to wait.
Transparency creates a deeper level of trust between employers and employees. However, a lack of transparency could lead to a toxic culture that causes people to leave.
17
138 reads
CURATED FROM
IDEAS CURATED BY
How to deal with one of your team members feeling undercompensated but giving them a pay increase is not an option.
“
The idea is part of this collection:
Learn more about career with this collection
Strategies for promoting inclusivity
How to address unconscious bias
How to create a diverse and inclusive workplace
Related collections
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates